Cobb County is located just northwest of Atlanta in the state of Georgia. It is one of the most educated counties in the region. As of 2016, more than 40 percent of those aged 25 and above in Cobb County held a bachelor’s degree or higher, compared to the national average of 27.9 percent. Cobb also has a low crime rate, excellent roads, and a growing population of millennials. The U.S. News and World Report also designated Cobb as one of the wealthiest counties in the nation.
The most prominent industries in Cobb County are aerospace and advanced equipment manufacturing; bioscience; healthcare services; information technology and software development; professional and business services; travel and tourism; and wholesale trade. The Weather Channel headquarters, Lockheed Martin Aeronautical Plant, and General Electric’s Energy Management business headquarters all operate in Cobb County.
What Our Brokers Say About Cobb County Office Space for Lease
Cobb County is only about a 30-minute drive from Atlanta. The county is located northwest of Fulton County, northeast of Douglas County, south of Cherokee County, southeast of Bartow County, and east of Paulding County. Marietta, the county seat, is the largest city in Cobb, and Kennesaw, Powder Springs, Smyrna, and Acworth are also in the county.
The average commute time in Cobb County is 32.6 minutes. Cobb County has an enormous network of major highways. Interstates 20, 75, 285, and 575; U.S. Routes 41, 78, and 278; and State Routes 3, 5, 6, 8, and 92 are all available, including many others. Cobb County also offers several different kinds of public transportation. Rail options include Norfolk Southern, CSX Transportation, and Georgia Northeastern Railroad spur line. The county has two main bus options: Georgia Regional Transportation Authority’s (GRTA) Xpress regional commuter transit bus system and CobbLinc. Visit the Cobb County website for a comprehensive list of bus routes and schedules. Cobb County has its own airport—Cobb County Airport—and the Atlanta International Airport is about a 40-minute drive from Cobb.
The Cobb Chamber of Commerce is one of the nation’s most successful chambers. The chamber’s work in economic development has resulted in the creation of more than 22,000 jobs. The unemployment rate in Cobb County is 4.1%, which is slightly lower than the 4.8% Georgia state average. The county also enjoys a lower overall tax rate than any other core Atlanta county. The Cobb Chamber offers a number of resources to the workforce, small businesses, and large corporations in the county.
“Cobb County is becoming a high-tech destination,” says Sharon Mason, president and CEO at the Cobb Chamber. Just this year, thyssenkrupp Elevator Americas Headquarters; Aarons, Inc.; Synovus; and Comcast have all come to Cobb. Novelis Global R&D Center, Manhattan Associates, and Vonage Business Solutions operate in Cobb, too. Cobb County houses a large number of prominent Fortune 500 companies, most of which operate in the professional and business services sector. These include Genuine Parts/Napa HQ, Home Depot HQ, Elf on the Shelf HQ, Glock North America HQ, GE Energy Division HQ, and The Weather Channel HQ.
Cobb County Commercial Space For Lease | By the numbers
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Office Space | Cobb County Lease Data & Trends
Cobb County covers about 345 square miles, so office rental pricing varies throughout the area. The average cost to rent office space in Cobb County is just over $23.51 per square foot.
Cobb County can be further divided into two general submarkets, Marietta and Cumberland. The Marietta submarket contains more than 3.3 million square feet of total inventory. About 11.5 percent of these office spaces are currently open and available to new renters. The average cost to rent these properties averages just over $24 per square foot. Class A properties here cost an average of $27 per square foot to rent.
Cumberland, in southeastern Cobb County contains more than 18.4 million square feet of office space. The vacancy rate of 18.5 percent provides ample choice for renters looking for choice in office space. Rent office space in Northwest/Cumberland for an average of just over $25 per square foot. Class A office spaces are slightly more expensive at just over $28 per square foot.
Cobb County History
Originally, the area now known as Cobb County was Cherokee Indian country. The Georgia General Assembly founded Cobb County along with a few other counties on Dec. 3, 1832. Cobb County is named after U.S. Representative and Senator Thomas Willis Cobb. Two years later, the county got its county seat, Marietta, which is still the largest city in Cobb. Marietta is named after Thomas Cobb’s wife, Mary.
In 1942 the establishment of Bell Aircraft’s Marietta branch drove investment in the aerospace sector. Eventually, the plant provided jobs for more than 28,000 people. After World War II, the plant closed, but it opened again during the Korean War. The Air Force took over, establishing Dobbins Air Reserve Base. Lockheed Marietta became a top producer of military transport planes.
The 1990s and 2000s brought gentrification and increasingly varied demographics to Cobb County. Immigrants from Russia, Bosnia, China, India, Brazil, and Mexico moved to Cobb, providing the region with increased diversity.